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There was a time when the Infosys’s quarterly results set the tone for the $150 billion Indian IT service sector’s performance. The bellwether’s numbers influenced not just its own shares but even the benchmark IT indices on Indian bourses. But on Oct.…
Read More Memo To Infosys: Stop Squabbling With Murthy And Get Back To Work ASAP
Infosys Ltd co-founder Narayana Murthy publicly criticised the company’s board again, just as directors try to recruit a chief executive officer to replace one who resigned out of frustration with such clashes. “The next few quarters will be extremely critical…
Read More Narayana Murthy Clashes With Infosys Board Again In Midst Of CEO Hunt
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Share using #GreyhoundStandpoint
Share using #GreyhoundStandpoint
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Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
Share using #GreyhoundStandpoint & #InsightsThatInspire
The software industry is facing mounting challenges as countries from Australia to the United States have moved to tighten work visas to limit the influx of foreign workers. "The sense of protectionism is becoming a global phenomenon," said Mr Sanchit…
Infosys has deployed its artificial intelligence (AI) platform ‘Mana’ to process contracts for a bank in Asia that typically needed a team of 10-15 dedicated lawyers. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, believes AI significantly helps in…
Read More Era Of AI: Infosys’ Mana Eliminates Need For Lawyers To Process Contracts
With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism…
In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme. “H-1B abuse is very high and it is important to check the abuse. All IT services players will adjust to…
Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…
Read More Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
While the startup ecosystem is struggling to keep afloat as funds are drying up, here is another story -- of a founder who believes that his company can take on global rivals, and even go global. “The winner in the…
Read More Slack-Rival Flock Gets $25 Mn From Founder For Expansion, But Is It A Good Decision?